Market Report

Dedham, MA 02026

Single-Family Homes

Chartwell Escrow



Dedham, MA 02026

Mon Oct 07 2024
This week the median list price for Dedham, MA 02026 is $1,174,499 with the market action index hovering around 52. This is an increase over last month's market action index of 51. Inventory has increased to 26. Click here to stay informed with the Dedham market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Dedham, MA 02026

Mon Oct 07 2024
This week the median list price for Dedham, MA 02026 is $1,174,499 with the market action index hovering around 52. This is an increase over last month's market action index of 51. Inventory has increased to 26. Click here to stay informed with the Dedham market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Dedham market.
Median List Price $1,174,499
Median Price of New Listings $795,000
Per Square Foot $461
Average Days on Market 58
Median Days on Market 25
Price Decreased 46%
Price Increased 0%
Relisted 4%
Inventory 26
Median Rent
Market Action 52
Strong Seller's Market

In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend in general over the last several weeks.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,325,000 5,784 1 - 2.5 acres 5 5 58 1 0 87
$1,799,450 3,864 0.5 - 1 acre 4 3.3 30 0 0 45
$799,800 2,150 0.25 - 0.5 acre 4 2.5 64 1 2 28
$640,000 1,260 4,500 - 6,500 sqft 3 1.5 102 1 3 21